CWWeekly March 31st 2008 Issue
Bio-Imaging Technologies Acquires Phoenix Data Systems
Newton, Pa.-based contract research organization (CRO) Bio-Imaging Technologies has opened up a new book of business with the acquisition of eClinical company Phoenix Data Systems. Bio-Imaging, which specializes in running trials that require medical imaging management, purchased the King of Prussia, Pa.-based company for $24 million, including $17 million in stock and $7 million in cash.
inVentiv Clinical Moves into Latin America
inVentiv Clinical, the contract research organization (CRO) division of Somerset, N.J.-based marketing, communications and staffing firm inVentiv Health, has expanded its clinical services to Latin America with a new central hub in São Paulo, Brazil. The company stated it plans to bolster its operations in other countries throughout the region as well.
Other breaking news...
Quintiles inks agreement with Medca Japan...
Encorium Group inks $2.5 million in new contracts...
Company Profile: An interview with Patrick Hughes, senior vice president, Exco InTouch
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